Money maker! Current tenants previously signed a year lease. The landlord/tenant practice has been to just continue as is without having signed a yearly lease. All new insulated double pane vinyl clad windows installed Dec/Jan 15. Sewer line has been replaced from the inside out, no old outdated cast iron. This one is ready to go for the conscientious investor.
Single-familyProperty Type
0.27 acresLot Size
$148Est. Price/Sq.Ft.
Listed by JOHN ROCKEY• EXIT REALTY 1ST LLC
•517-796-9300 (broker)
Bought with JOHN ROCKEY• EXIT REALTY 1ST LLC
•517-796-9300 (broker)
Source:MiRealSource-MiMLS #20450964
Redfin Estimate
$221,858
$62K since sold in April 2026$22K since September
Recently sold homes
Estimate history
This home's estimate is 15.7% higher than the average sale price ($192K) of 6 comparable homes.
Money maker! Current tenants previously signed a year lease. The landlord/tenant practice has been to just continue as is without having signed a yearly lease. All new insulated double pane vinyl clad windows installed Dec/Jan 15. Sewer line has been replaced from the inside out, no old outdated cast iron. This one is ready to go for the conscientious investor.
Year
Property tax
Land + Additions
Assessment*
2025
$2,221 (+2.8%)
2024
$2,160 (+4.9%)
2023
$2,059 (+4.9%)
2022
$1,963 (+1.8%)
2021
$1,928 (+1.2%)
2020
$1,905 (+5.0%)
2019
$1,815 (+0.2%)
2018
$1,812 (+5.7%)
2017
$1,715 (−9.1%)
2016
$1,886 (−23.2%)
2014
$2,457
Tax history for 406 Richard St
Year
Property tax
Land + Additions
Assessment*
2025
$2,221 (+2.8%)
2024
$2,160 (+4.9%)
2023
$2,059 (+4.9%)
2022
$1,963 (+1.8%)
2021
$1,928 (+1.2%)
2020
$1,905 (+5.0%)
2019
$1,815 (+0.2%)
2018
$1,812 (+5.7%)
2017
$1,715 (−9.1%)
2016
$1,886 (−23.2%)
2014
$2,457
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RS-1
Suburban Residential District 1
This district is designed to provide residential areas principally for moderate suburban densities where necessary urban services and facilities, including central sewerage and water supply systems can be feasibly provided.
Permitted uses
Include but are not limited to:
Housing-Single unit
Fire house
Police station
Property details
Interior
Basement Information
Basement Sq. Ft: 1,500
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Type: Forced Air
Exterior
Property Information
Subdivision Name: HENDERSONS
Living Sq. Ft: 1,500
Ground Floor Sq. Ft: 1,500
# of Stories: 2
Stories Type: 1
Legal Description: LOT 6 AND E 1/2 OF LOT 7 HENDERSON SUBDIVISION
Lot Information
# of Buildings: 1
Land Sq. Ft: 11,761
Legal Lot Number: 6
Municipality Name: SPRING ARBOR TOWNSHIP
Acres: 0.27
Depth Footage: 120
Front Footage: 99
Zoning Code: RS-1
County Use Description: RESIDENTIAL IMPROVED
State Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,500
Stories: 2.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Jackson County
APN: 116-12-16-426-003-00
Home facts updated by county records on Sep 18, 2026
Around this home
Schools
Warner Elementary School
Public K-5 • Assigned • 0.5mi
6/10
Western Middle School
Public 6-8 • Assigned • 2.3mi
7/10
Western High School
Public 9-12 • Assigned • 2.3mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 98° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Spring Arbor, MI • 49283
Average low and high temperatures (°F)
27
15
34
19
53
32
61
41
67
47
80
60
84
64
79
58
77
52
65
43
48
35
35
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10 hours in
June and 2.7 hours in December, placing it below the
U.S. average for solar exposure.
10 hrs
2.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$211,000 – $256,000
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